Deutsche Bank doesn’t have Donald Trump’s long-sought tax returns, a federal appeals panel revealed Thursday.
The disclosure came amid an ongoing fight between Trump and Congress, as the president attempts to stay subpoenas served on the bank as part of an inquiry by the House Intelligence and Financial Services committees.
The committees seek financial documents, including tax returns, from Trump and his three eldest children — Donald Trump Jr., Ivanka Trump and Eric Trump.
While Deutsche Bank previously refused to admit in open court whether it was in possession of Trump’s tax returns, it later filed a redacted letter indicating it had returns for at least some of the Trumps.
“The bank has in its possession tax returns (in either draft or filed form) responsive to subpoenas for [redacted],” lawyers for Deutsche Bank wrote in August, spurring speculation it had the president’s tax returns.
Yet the appeals panel for the United States Court of Appeals for the Second Circuit said Thursday that the president’s papers were not among them.
“The unredacted letter from Deutsche Bank has removed that potential issue from the appeal because that letter reports that the only tax returns it has for individuals or entities named in the subpoenas are not those of the President,” the judges wrote.
Regardless, Trump is still seeking to bar Congress for enforcing the subpoenas served on his banks.
The appeals panel has yet to rule on that issue.
Source: Read Full Article